3210 E Elmwood DrWichitaKS67218
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Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Wichita at 3210 E Elmwood Dr, Wichita, KS, 67218 earns $60/mo cash flow from $1,690/mo rent with a $1,199/mo payment. Total monthly income totals $1,690/mo, and annual cash flow totals $722/yr on $81,218 capital. ROI tracks 20.8% on current figures, and rental yield reads 8.28% at a $245,000 purchase. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 over five years. Five-year ROI reaches 108.26% and total cumulative return in cash sums $87,924. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,690/mo property income instead of your personal income.
Single Family
Built in 1938
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67218, Wichita, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,636 (100%) |
| Owner Occupied HU | 4,451 (41.8%) |
| Renter Occupied HU | 5,080 (47.8%) |
| Vacant Housing Units | 1,105 (10.4%) |
| Median Home Value | $142,980 |
| Average Home Value | $219,594 |
Housing Distribution
Address Breakdown
Residential
10,332
Single Family
9,382
Multi-Family
950
Businesses
435
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